The Nigerian upper legislative chamber has uncovered huge financial discrepancies in Nigeria’s oil export records.
The discrepancies was uncovered by a consultant’s report to the senate commitee under the chairmanship of senator Ned Nwoko who disclosed this while briefing members on the outcome of the report on Wednesday.
Senator Nwoko in his presentation based on the report noted that the forensic report discovered alleged diversion of crude oil proceeds to the tune of 300 billion dollars unaccounted between 2016-2017 under former president Muhammadu Buhari.
The report according to senator Nwoko also revealed that a cumulative sum of 81billion dollars shortfall was also uncovered between crude oil proceed declared by the NNPC and the DPR between the same period of 2016-2017 from what was actually received by the central bank of Nigeria.
The senate in its resolution called on the consultant to take a step further in revealing the identities of individuals involved in the act to enable appropriate action taken against such persons in what members of the upper legislative chamber say must not be allowed to be swept under the carpet to serve as a warning to individuals who may want to undermine ongoing reforms in the nation’s oil and gas sector under the current administration of president bola ahmed tinubu.
